#alibaba
Latest cryptocurrency news and articles about alibaba. Stay updated with developments, analysis, and insights.
Chinese e-commerce giants dominate Southeast Asia’s online shopping
Chinese online shopping platforms have taken control of roughly half the internet retail business in multiple Southeast Asian nations, marking a major shift in the region’s digital commerce landscape,...
Alibaba unveils Quark AI Glasses and voice chatbot as it expands consumer AI lineup
Alibaba has set the price of its new Quark AI Glasses at 4,699 yuan ($659.4) ahead of a pre-sale launch on October 24 via its Tmall online platform. After discounts, the cost drops to 3,999 yuan. The ...
Alibaba reports early success from AI investments with 12% increase in ad returns
A top executive at Alibaba said Thursday the Chinese technology company is already seeing financial gains from its artificial intelligence investments in online retail operations, addressing widesprea...
Chinese tech companies are choosing Hong Kong over the US for capital raises
Chinese tech companies are raising money in Hong Kong instead of the US, and according to a Goldman Sachs executive, that’s not changing anytime soon. Jacky Leung runs Goldman’s Hong Kong operations a...
Senate passes bill Giving US AI chip buyers priority over China
The US Senate approved a bipartisan law late Thursday requiring leading artificial intelligence chipmakers Nvidia Corp. and Advanced Micro Devices Inc. (AMD) to prioritize American customers before fu...
Alibaba, Google roll out new robotics team, foldable phones with new focus on AI
Alphabet’s Google and China’s Alibaba have both unveiled new initiatives that show wider application of artificial intelligence beyond the virtual world of software to the physical world of devices an...
Barclays lifts Nvidia target to $240, sees 35.6% upside
Barclays on Thursday raised its target for Nvidia stock to $240, up from $200. That means a possible upside of 35.6%, based on where the stock trades now, and it cited a massive surge in artificial in...
Alibaba stock rose 8% after CEO Eddie Wu said AI spending will exceed its $53B plan
Alibaba raised its bet on artificial intelligence around twenty-four hours ago, and the company’s stock surged by 8% to close, hitting a level not seen in nearly four years, after CEO Eddie Wu said on...
Alibaba AI Unveils Revolutionary Partnership: Integrating Nvidia’s Advanced AI Development Tools
BitcoinWorld Alibaba AI Unveils Revolutionary Partnership: Integrating Nvidia’s Advanced AI Development Tools In a move set to redefine the landscape of artificial intelligence, Alibaba has announced ...
Alibaba plans to use Nvidia’s AI tools to build robots, self-driving cars
Alibaba Group Holdings Ltd. has announced plans to integrate Nvidia Corp.’s suite of physical AI tools into its cloud software platform. This move will allow Alibaba’s Hangzhou-based cloud intelligenc...
Cathie Wood buys back into Alibaba as stock hits multiyear hig
Cathie Wood just jumped back into Alibaba after four years of silence, right as the stock exploded to its highest point since late 2021. On Monday, her firm Ark Investment Management bought Alibaba sh...
China’s CAC summons ByteDance’s Toutiao and Alibaba’s UCWeb for “content violations”
China just hauled in ByteDance and Alibaba for a serious talk. On Tuesday, the Cyberspace Administration of China (CAC) summoned ByteDance’s news platform, Toutiao, and Alibaba’s UCWeb browser unit ov...